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RZetlin
Joined: 23 Mar 2004
Posts: 87
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 Posted: Mon Jan 10, 2005 8:35 pm
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So what does this mean for the future of Funimation?
Will Navarre Corp allow Funimation to operate like it is or will it start to tinker with daily operations?
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noneko_Mamimi
Joined: 05 Dec 2004
Posts: 41
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Posted: Mon Jan 10, 2005 8:39 pm
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I hope it changes FUNimation a lot....
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Tempest
 I Run this place.
ANN Publisher
Joined: 29 Dec 2001
Posts: 10460
Location: Do not message me for support.
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Posted: Mon Jan 10, 2005 8:49 pm
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Although FUNimation declined to answer any press related questions, there are a couple hints that can be found in the press release.
| press release wrote: | | As well, FUNimation brings a strong management team that will bolster our overall group.” |
| press release wrote: | | , the sellers could receive up to $17,000,000 in cash to be paid over five years if FUNimation achieves certain agreed-upon financial targets during that time period. |
Speculative conclusion: The upper management of FUNimation shouldn't change. And you don't keep that kind of management in place if you plan on meddling with their day to day affairs.
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ANN_Bamboo
ANN Contributor
Joined: 05 Jan 2002
Posts: 3904
Location: CO
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Posted: Mon Jan 10, 2005 8:56 pm
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| noneko_Mamimi wrote: | | I hope it changes FUNimation a lot.... |
... Why ever would you wish that? FUNimation is a great company, that puts out great products.
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sinistertaco
Joined: 17 Jun 2004
Posts: 96
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Posted: Mon Jan 10, 2005 8:58 pm
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| SakechanBD wrote: |
| noneko_Mamimi wrote: | | I hope it changes FUNimation a lot.... |
... Why ever would you wish that? FUNimation is a great company, that puts out great products. |
Because some people can't seem to get it through their heads that the FUNimation of today is not the FUNimation of 5 years ago.
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kusanagi-sama
Joined: 22 Aug 2004
Posts: 1723
Location: Wichita Falls, TX
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Posted: Mon Jan 10, 2005 9:11 pm
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I see this mainly as Navarre Corp is seeing anime as a big money maker, and FUNimation being one of the largest, and with FUNimation's profit margins...
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For the years ended December 31, 2001, 2002 and 2003, FUNimation had net sales of $49.8 million, $63.7 million and $81.6 million, respectively, and pre-tax net income of $20.0 million, $24.9 million and $30.5 million, respectively.
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...They don't have to worry about losing any money. The net income of $30.5 million on sales of $81.6 million is 37.38%! Although, it isn't considering FUNimation's net profit, which can be found out by going to their website.
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GATSU
Joined: 03 Jan 2002
Posts: 15572
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Posted: Mon Jan 10, 2005 10:11 pm
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Just what we need. Another expensive merger which leads to a bunch of layoffs and inferior service.
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ANN_Bamboo
ANN Contributor
Joined: 05 Jan 2002
Posts: 3904
Location: CO
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Posted: Mon Jan 10, 2005 10:16 pm
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| GATSU wrote: | | Just what we need. Another expensive merger which leads to a bunch of layoffs and inferior service. |
Ooh, way to speculate on something that hasn't happened yet! Edgy!
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one3rd
Joined: 28 Jul 2003
Posts: 1818
Location: アメリカ
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Posted: Mon Jan 10, 2005 11:05 pm
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It will be a bit weird for me to know that the parent company for one of the country's biggest anime companies is based in Minnesota.
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biliano*
Joined: 11 Feb 2004
Posts: 0
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Posted: Mon Jan 10, 2005 11:24 pm
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| sinistertaco wrote: | | Because some people can't seem to get it through their heads that the FUNimation of today is not the FUNimation of 5 years ago. |
You're right. The FUNimation of today is BETTER than the FUNimation of 5 years ago, and Navarre's acquisiton of FUNimation will only strenghten Funi's position in the anime market.
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minakichan
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Posted: Mon Jan 10, 2005 11:33 pm
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OK, I don't know WHAT opinion to adopt here...
What exactly does Navarre corp do? Does it have ANYTHING to do with anime/cartoons/TV/media/entertainment? And why Funi?
Hmm.
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Ryusui
Joined: 22 Jun 2004
Posts: 463
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Posted: Mon Jan 10, 2005 11:33 pm
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All I can say is this:
If this screws up the release of Fullmetal Alchemist, I am going to be very, very pissed.
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biliano*
Joined: 11 Feb 2004
Posts: 0
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Posted: Mon Jan 10, 2005 11:38 pm
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| minakichan wrote: | | What exactly does Navarre corp do? Does it have ANYTHING to do with anime/cartoons/TV/media/entertainment? And why Funi?
Hmm. |
Read this:
| Quote: | About Navarre
Navarre Corporation (NASDAQ: NAVR) provides distribution and related services to leading developers and retailers of home entertainment content. The company operates under two business divisions; Distribution Services which includes PC software, video games, CD audio and DVD video; Publishing which includes Encore. Based in Los Angeles, CA, Encore is a majority-owned subsidiary of Navarre and a leading interactive publisher in the PC CD-ROM market. As a result of strategic relationships, the company publishes PC titles or compilations in major software categories from productivity to education. BCI Eclipse, a wholly-owned subsidiary of Navarre Corporation, provides niche DVD video and audio products. Navarre’s client-specific delivery systems allow its product lines to be seamlessly distributed to over 18,000 retail locations throughout North America. The Company provides such value-added services as inventory management, Web-based ordering, fulfillment and marketing and EDI customer and vendor interface. Since its founding in 1983, Navarre has built a base of distribution partnerships with a broad base of leading retailers across the mass merchant, music, computer and office specialty, wholesale club and military PX channels, as well as software content developers from all categories of the industry and independent record labels encompassing all musical genres. For more information, please visit the Company’s Web sites at www.navarre.com.
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sinistertaco
Joined: 17 Jun 2004
Posts: 96
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Posted: Mon Jan 10, 2005 11:41 pm
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| biliano wrote: |
| sinistertaco wrote: | | Because some people can't seem to get it through their heads that the FUNimation of today is not the FUNimation of 5 years ago. |
You're right. The FUNimation of today is BETTER than the FUNimation of 5 years ago, and Navarre's acquisiton of FUNimation will only strenghten Funi's position in the anime market. |
That was actually my insinuation, although I can see how it was sort of vague.
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dokool
Joined: 13 Nov 2004
Posts: 83
Location: Tokyo, Japan
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Posted: Tue Jan 11, 2005 12:32 am
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| biliano wrote: |
Read this:
| Quote: | About Navarre
Navarre Corporation (NASDAQ: NAVR) provides distribution and related services to leading developers and retailers of home entertainment content. The company operates under two business divisions; Distribution Services which includes PC software, video games, CD audio and DVD video; Publishing which includes Encore. Based in Los Angeles, CA, Encore is a majority-owned subsidiary of Navarre and a leading interactive publisher in the PC CD-ROM market. As a result of strategic relationships, the company publishes PC titles or compilations in major software categories from productivity to education. BCI Eclipse, a wholly-owned subsidiary of Navarre Corporation, provides niche DVD video and audio products. Navarre’s client-specific delivery systems allow its product lines to be seamlessly distributed to over 18,000 retail locations throughout North America. The Company provides such value-added services as inventory management, Web-based ordering, fulfillment and marketing and EDI customer and vendor interface. Since its founding in 1983, Navarre has built a base of distribution partnerships with a broad base of leading retailers across the mass merchant, music, computer and office specialty, wholesale club and military PX channels, as well as software content developers from all categories of the industry and independent record labels encompassing all musical genres. For more information, please visit the Company’s Web sites at www.navarre.com.
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Highlighted the interesting bits. Basically this is going to mean that Funimation is in a much better position to distribute its releases than other anime companies, if I'm reading this correctly...
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